Everyone has agreed that the home should be given or granted to my gf since weve lived there with her mom for the last ten years.

I view DSTs simply as a property with an address, a tenant, a lease, and a price - subject to the same performance conditions of the market, regardless of the fact that it's granted to a simple Trust for fractional investor participation.

Granted that property had Berber style carpet.

That area is part of the municipality of La Paz and they have been granting construction permits even though the PDU doesn't allow that kind of construction there.

Granted its defaulted but it does not turn into a court house step sale and or OREO inventory to be sold on the open market.

Granted every RE investment is case by case, but the net view should be hard assets & infrastructure should be the long view. 

Granted I have 7 buildings and I just haven’t had that many problems and so far my only real “emergency” was caused by a tenant under the influence of who knows what who overflowed a portable washer he shouldn’t have been using in the first place and flooded the downstairs unit.

Best Wishes,Grant

@Grant Schroeder I was quoted a 75% LTV because the refinance is on a duplex.

Phase 1 - demo of a greenhouse sitting on part of the land - site utilities and 12-unit building turkey construction budget $2,043,100.00 -- $2,177,500.00The estimated rents would be approximately $1k per unit on average for mix 1 2 & 3 bedrooms- I feel like construction is so expensive and the market doesn’t support higher rents from what I’ve researchedShould I : 1) try to partner with the local government for affordable housing loans and grants?